MACATAWA BANK CORP (MCBC) Earnings History & Surprises
NASDAQ:MCBC • US5542251021
14.82 USD
-0.13 (-0.87%)
At close: Jul 31, 2024
14.78 USD
-0.04 (-0.27%)
After Hours: 7/31/2024, 8:00:00 PM
Past quarterly earnings results for MACATAWA BANK CORP (MCBC), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).
Earnings Snapshot
Next Earnings Date
Release DateOct 24, 2024
PeriodQ2 / 2024
EPS Estimate$0.30
Revenue Estimate26.619M
Last Reported
Release DateJul 25, 2024
PeriodQ1 / 2024
EPS Reported$0.29
EPS Surprise -4.91%
Revenue Surprise -5.50%
Beat Rate
50%
EPS and Revenuebeats vs estimates
Quarterly Earnings Results
EPS & Revenue History (USD)
Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.
| Quarter | EPS | EPS Est | EPS Surprise | EPS Q2Q | Revenue | Revenue Est | Revenue Surprise | Revenue Q2Q |
|---|---|---|---|---|---|---|---|---|
| Q1 2024 | 0.29 | 0.30 | -4.91% | -17.14% | 25.387M | 26.864M | -5.50% | -6.47% |
| Q4 2023 | 0.31 | 0.32 | -3.00% | -11.43% | 26.125M | 27.252M | -4.14% | -6.36% |
| Q3 2023 | 0.33 | 0.31 | 5.84% | 13.79% | 26.86M | 26.931M | -0.26% | 8.92% |
| Q2 2023 | 0.30 | 0.34 | -11.01% | 57.89% | 25.759M | 28.014M | -8.05% | 28.99% |
| Q1 2023 | 0.35 | 0.33 | 5.26% | 94.44% | 27.144M | 27.818M | -2.42% | 53.88% |
| Q4 2022 | 0.35 | 0.34 | 3.98% | 94.44% | 27.9M | 27.287M | 2.25% | 53.47% |
| Q3 2022 | 0.29 | 0.24 | 19.96% | 38.10% | 24.66M | 22.621M | 9.01% | 23.67% |
| Q2 2022 | 0.19 | 0.18 | 7.05% | -17.39% | 19.97M | 19.65M | 1.63% | -3.20% |
| Q1 2022 | 0.18 | 0.16 | 10.99% | -21.74% | 17.64M | 18.443M | -4.35% | -16.12% |
| Q4 2021 | 0.18 | 0.19 | -7.12% | -30.77% | 18.18M | 19.717M | -7.80% | -22.90% |
| Q3 2021 | 0.21 | 0.22 | -4.24% | - | 19.94M | 21.197M | -5.93% | -3.95% |
| Q2 2021 | 0.23 | 0.24 | -2.17% | 4.55% | 20.63M | 21.563M | -4.33% | -1.29% |
| Q1 2021 | 0.23 | 0.27 | -14.91% | 21.05% | 21.03M | 23.7M | -11.27% | 3.80% |
| Q4 2020 | 0.26 | 0.20 | 27.45% | - | 23.58M | 21.855M | 7.89% | - |
| Q3 2020 | 0.21 | 0.13 | 58.37% | - | 20.76M | 20.773M | -0.06% | - |
| Q2 2020 | 0.22 | 0.13 | 63.40% | - | 20.9M | 20.428M | 2.31% | - |
| Q1 2020 | 0.19 | 0.18 | 6.44% | - | 20.26M | 19.872M | 1.95% | - |
Notes
- EPS and Revenue values are non-GAAP when available, otherwise GAAP.
- Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
- Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
- Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.
Earnings Q2Q Performance Trends
EPS Historical Q2Q growth and Acceleration
Revenue Historical Q2Q growth and Acceleration
Surprise distribution (Last 4 Quarters)
EPS beat statistics
EPS beat (4)
1
Average EPS beat (4)
-3.27%
Max EPS beat (4)
5.84%
Min EPS beat (4)
-11.01%
Revenue beat statistics
Revenue beat (4)
0
Average Revenue beat (4)
-4.49%
Max Revenue beat (4)
-0.26%
Min Revenue beat (4)
-8.05%
Analysis
In the last 4 quarters, MCBC has beaten EPS estimates in 1 out of 4 releases
MCBC has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, MCBC reported -3.3% below the EPS estimates on average.
In the last 4 quarters, MCBC reported -4.5% below the revenue estimates on average.
MACATAWA BANK CORP / MCBC Earnings FAQ
What is the most recent earnings date for MCBC stock?
MACATAWA BANK CORP (MCBC) last reported earnings on 7/25/2024.
Did MCBC stock beat earnings estimates in the most recent quarter?
MACATAWA BANK CORP (MCBC) missed EPS estimates and missed revenue estimates in the most recent quarter.
What percentage of the time does MCBC stock beat earnings estimates?
In the last 4 quarters, MACATAWA BANK CORP (MCBC) has beaten EPS estimates in 1 out of 4 releases.